DOUBT ABOUT CANADA.

Wairarapa Age, Volume xxv, Issue 10713, 29 August 1913, Page 4

DOUBT ABOUT CANADA.

There is much misgiving upon the immediate future in Canada. During, the past month I have had three inquiries about Australian prospects from London firms, who • for some years- Gave been dealing in. Canadian lands (says the London! correspondent of the".Sydney Daily Telegraph). They have really been Canadian land agents Operating upon 'this side and their 'business 1 has been extraordinarily active and successful They have sold large areas of town and' country land, and, as a rule, buyers have dbne well out' of their transaction©. But lately one has detected a . widespread suspicion about Canada. People am asking if there has not been too much gambling; and not enough production. Money has been taken, in' vast quantities into the 'great North-West Provinces and British Columbia, and' very little produce has so far been brought out, or even used' for local consumption. You see tlie uneasiness reflected in the price of Canadian Pacifies, which to-day are below 220. These popular international shares have rattled down 60 points since the outbreak in the Balkans; and although mucli of the collapse is ' undoubtedly due to the tightness of money, and' tlie fear of even more disastrous wars, those factors dt> ndt explain it all. The nervousness is not only about the Canadian railways, but about the Dominion as a whole. For the moment there is a pause in the flow of money acrose the Atlantic. Canadian affairs are at a critical stage. Given a couple of bumper seasons, and all will bo well; but given bad ones, a great financial crash is not improbable. Of course, the disaster would be but temporary, as was Australia's sma-sh in the nineties. You can't arrest fpr long the triumphant march of wide young countries.